Mattel Stock Craters After Q4 Earnings Flop: What To Know

Mattel, Inc. (NASDAQ:MAT) shares cratered in Tuesday's extended trading after the company released its fourth-quarter earnings report, missing analyst estimates on the top and bottom lines.  

Here's a look at the key figures from the quarter. 

• MAT stock is moving. Watch the price action here.

The Details: Mattel reported quarterly earnings of 39 cents per share, which missed the consensus estimate of 54 cents by 27.64%, according to data from Benzinga Pro.

Quarterly revenue came in at $1.77 billion, which missed the analyst consensus estimate of $1.84 billion.

Mattel reported the following metrics, compared to the prior year’s quarter:

• Net Sales of $1.766 billion, up 7% as reported, and 5% in constant currency
• Adjusted Gross Margin of 46%, a decrease of 480 basis points
• Adjusted Operating Income of $160 million, a decrease of $1 million
• Net Income of $106 million, a decrease of $35 million

“We achieved strong topline growth in the fourth quarter and consumer demand was positive in every region for both the quarter and full year, but December gross billings in the U.S. ended up growing less than expected,” said Ynon Kreiz, CEO of Mattel.

Outlook: Mattel expects fiscal 2026 adjusted EPS of $1.18 to $1.30, versus the $1.75 analyst estimate, and revenue in a range of $5.51 billion to $5.67 billion, versus the $5.62 billion estimate.

MAT Stock Price: According to data from Benzinga Pro, Mattel stock dropped 25.74% to $15.64 in Tuesday's extended trading.  

Photo: JHVE / Shutterstock